Kostas Christidis pfp
Kostas Christidis
if you join an angel fund: what happens if you don't participate in a capital call?
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Michael pfp
My understanding of most agreements is that right off the bat you are signing a commitment for the full amount. The amount just gets called down at different times. So basically not participating is like not paying a bill you owe. Best case, reputation hit. Worst case, legal action.
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